FY2025 EPS Forecast for BellRing Brands Lowered by Analyst

BellRing Brands Inc. (NYSE:BRBR - Free Report) - Stock analysts at William Blair reduced their FY2025 earnings per share (EPS) estimates for BellRing Brands in a research report issued on Wednesday, July 16th. William Blair analyst J. Andersen now forecasts that the company will earn $2.17 per share for the year, down from their previous forecast of $2.20. The consensus estimate for BellRing Brands' current full-year earnings is $2.23 per share. William Blair also issued estimates for BellRing Brands' FY2026 earnings at $2.42 EPS.

Other analysts also recently issued reports about the company. UBS Group decreased their price objective on BellRing Brands from $71.00 to $63.00 and set a "neutral" rating for the company in a report on Thursday. DA Davidson upgraded BellRing Brands from a "neutral" rating to a "buy" rating and set a $85.00 price target for the company in a report on Tuesday, May 27th. Barclays set a $75.00 price target on BellRing Brands and gave the stock an "overweight" rating in a report on Wednesday, May 7th. Morgan Stanley assumed coverage on BellRing Brands in a report on Monday, March 24th. They set an "overweight" rating and a $84.00 price target for the company. Finally, Truist Financial decreased their price target on BellRing Brands from $65.00 to $60.00 and set a "hold" rating for the company in a report on Wednesday, July 2nd. Three analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $76.19.

BellRing Brands Price Performance

NYSE BRBR traded down $0.07 on Thursday, reaching $57.18. The company had a trading volume of 2,860,713 shares, compared to its average volume of 1,409,171. The firm has a market cap of $7.26 billion, a price-to-earnings ratio of 26.59, a P/E/G ratio of 1.80 and a beta of 0.70. BellRing Brands has a fifty-two week low of $48.06 and a fifty-two week high of $80.67. The business has a 50 day moving average of $60.60 and a two-hundred day moving average of $69.13.

BellRing Brands (NYSE:BRBR - Get Free Report) last posted its quarterly earnings data on Monday, May 5th. The company reported $0.53 earnings per share for the quarter, meeting analysts' consensus estimates of $0.53. The business had revenue of $588.00 million during the quarter, compared to the consensus estimate of $577.56 million. BellRing Brands had a negative return on equity of 133.63% and a net margin of 12.82%. BellRing Brands's quarterly revenue was up 18.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.45 earnings per share.

Hedge Funds Weigh In On BellRing Brands

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Axiom Investors LLC DE lifted its position in BellRing Brands by 418.1% in the 1st quarter. Axiom Investors LLC DE now owns 2,248,924 shares of the company's stock valued at $167,455,000 after acquiring an additional 1,814,811 shares in the last quarter. AQR Capital Management LLC lifted its position in BellRing Brands by 284.2% in the 4th quarter. AQR Capital Management LLC now owns 2,278,508 shares of the company's stock valued at $171,663,000 after acquiring an additional 1,685,525 shares in the last quarter. Norges Bank bought a new position in BellRing Brands in the 4th quarter valued at about $114,185,000. Junto Capital Management LP bought a new position in BellRing Brands in the 1st quarter valued at about $97,725,000. Finally, Invesco Ltd. lifted its position in BellRing Brands by 35.7% in the 4th quarter. Invesco Ltd. now owns 4,266,375 shares of the company's stock valued at $321,429,000 after acquiring an additional 1,121,691 shares in the last quarter. Institutional investors own 94.97% of the company's stock.

Insider Activity

In other news, CEO Darcy Horn Davenport sold 1,600 shares of the stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $57.66, for a total transaction of $92,256.00. Following the transaction, the chief executive officer owned 198,778 shares of the company's stock, valued at $11,461,539.48. This represents a 0.80% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Over the last quarter, insiders have sold 9,600 shares of company stock worth $570,128. 1.07% of the stock is owned by corporate insiders.

About BellRing Brands

BellRing Brands, Inc, together with its subsidiaries, provides various nutrition products in the United States. The company offers ready-to-drink (RTD) protein shakes, other RTD beverages, powders, nutrition bars, and other products primarily under the Premier Protein and Dymatize brands. It distributes its products through club, food, drug, mass, eCommerce, specialty, and convenience channels.